Beazley Ventures into European Property Market
Beazley, a leading specialty insurer, has announced its strategic entry into the European property insurance sector. This move is marked by the appointment of Sara Foucher as the Head of Commercial Property, Europe, effective immediately.
In her new capacity, Foucher will spearhead the expansion of Beazley’s property team and offerings throughout the region, while also developing specialty solutions to meet the increasing demand for sophisticated property insurance products.
Stationed in Paris, Foucher will report to Richard Montminy, Group Head of Property Risks. Montminy remarked, “Businesses across Europe require access to specialist property insurance solutions as climate change and rising asset values are reshaping the risks faced by property owners. Sara’s appointment underscores our commitment to enhancing our market presence. Her extensive experience and reputation make her ideally suited to drive the expansion of our team across Europe, and I am eager to collaborate with her.”
Foucher brings nearly thirty years of industry experience to Beazley, having previously served as the Head of Underwriting GC&C, France, for Generali. Prior to that, she held several senior roles, including Property Underwriting Director for France and Belgium at RSA, and Head of Property, France, at Swiss Re Corporate Solutions.
Expressing her enthusiasm, Foucher stated, “Beazley is renowned for its innovative risk approach and out-of-the-box thinking. I am keen to expand our footprint in the property markets across Europe.”
